Question: Will I receive a margin call if my positions go against me?
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Please note that it is your responsibility to monitor your positions at all times. Eightcap does not offer guaranteed stop-loss.
You will be notified on your trading platform screen when your account equity drops to 80% of the required margin.
An automated email will also be sent to your nominated email address with the same notification. In this case, you may choose to make further deposits into your trading account in order to keep or open more positions.
Once your account equity falls to or below 50%, Eightcap will liquidate your positions starting with those that are losing the most against the market.
Again, you cannot rely on the broker to close out your positions for you.
We strongly encourage that you have exit strategies and stop-loss orders set in place to help protect you against potential market movements.
